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Positive Gearing with Potential Subdivision

Asking Price 
$269,000

Evaluated price according to Comparable Market Analysis 
$330-$350k

Frontage 
20m+

Land Size 
811sqm

Zoning 
R17.5 with R40 on the card

Land 
Flat and sandy

Bush Fire Zone 
N/A

Strategies 
Existing house can't be retained and will be demolished.

🚨 Options presented to our buyer:
1. Dual occupancy build and leave the rest of the land for the potential subdivision when R40 policy comes through.
2. Build single dwelling on the 10m of the land and leave the rest as another street-front property when R40 policy comes through.

Selected investment option: 1
Positive gearing: $4228*
Potential revenue from rear land sale: $200,000+
Location and Amenities 5km from Westfield Carousel, bus stop right in front of the house, 1km from train station, 500m from schools and other amenities, 30min to Perth CBD, by both driving and public transport